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Thursday, October 29, 2020 Webcast

FASB's Revenue Recognition Topic 606 (X2-17276)

1:00 PM - 3:00 PM EDT
webcast

Webcast

2.0 CPE Credits in AA

OVERVIEW

It's not too late to panic! FASB's Topic 606 on revenue recognition supersedes nearly all current revenue recognition provisions, including industry-specific guidelines, and replaces it with a more principles-based approach, which is now a five-step process. The new standard was effective for public companies in January 2018 and is now effective for private companies in 2019.

DESIGNED FOR

Practitioners and members in industry seeking an introduction to the new revenue recognition standard and transition rules.

BENEFITS

  • Apply the new financial accounting concepts in the revenue recognition setting.
  • Gain a working knowledge of accounting rules as they related to revenue recognition.

HIGHLIGHTS

  • Identify the contract(s) with a customer.
  • Identify the performance obligations in the contract.
  • Determine the transaction price.
  • Allocate the transaction price to the performance obligations.
  • Recognize revenue as the business satisfies a performance obligation.

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Douglas Van Der Aa

Douglas J. Van Der Aa, CPA, J.D.

AICPA/Professional Development Institute

PRICING

$69.00 - Member

$79.00 - Nonmember

$0.00 - Student Member

$0.00 - CPA Candidate Member

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

CPA Crossings